What may be the largest credit card security breach in our nation hasbanks all over the country and here in the Tri-State scrambling toprotect customers.
Kentucky's Forcht Bank has canceled more than 8,000 debit cards, and it's likely other banks will soon be taking similar steps.
Forchtdisabled 8,500 debit cards after learning hackers accessed databelonging to a company that processes debit card transactions frommerchants. New cards will be sent to those customers in the next weekto 10 days.
Heartland Payment Systems, a New Jersey credit cardprocessor, disclosed the security breach on Tuesday. Company officialssay cyber criminals used software to gain access to customerinformation associated with the over 100 million card transactions ithandles each month.
The data compromised includes theinformation on a card's magnetic strip, which could be used toduplicate a card. The president of Heartland says no personal IDnumbers, pin, addresses or telephone numbers were involved in thebreach.
Heartland is now working with the secret service toinvestigate. Officials believe this incident may be part of awidespread global cyber fraud.
Forcht Bank says it is not awareof any fraudulent transactions on its customers accounts, but hascanceled all debit cards as a precaution. The bank will be issuing newreplacement cards; however, until the new cards arrive in the mail,customers will have to use a different card or come into the bank forcash.
for more information about the breach from Heartland Payment Systems.